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Yale Provides More Financial Aid

Yale, under pressure from Congress to make tuition more affordable, plans to spend up to 40% or $307 million on financial aid and scientific research from its total endowment of $1.15 billion. This news follows the announcement last month from Harvard that it would increase what the university spends on student aid from $98 million to $120 million. Good news if you plan to apply to either Yale or Harvard this fall.